136 views

Property investment volume drops 17.5% QoQ in Q1: C&W

On a yearly basis, investment volume increased by almost 40%.

Property investment volume was valued at $6.1b in the first quarter of 2022, a 17.5% drop from the figures in the fourth quarter of 2021, according to global commercial real estate services firm, Cushman & Wakefield.

But investment volume rose by almost 40% compared to the figures in the first quarter of 2021, which was driven by performances in both residential and commercial markets, Cushman & Wakefield added.

For almost half of the first quarter of 2022’s investment sales, total residential investment volume increased from $2.8b in the last quarter of 2021 to $3b in the first quarter of 2022, which was driven mainly by government land sales (GLS) deals.

Cushman & Wakefield said there was no residential GLS tender on sale in the latter part of 2021 whilst four resident GLS were sold in the first quarter of 2022 for around $2b.

Most of the sites attracted developers even as cooling measures were implemented whilst unsold inventory stayed at record low of only 14,333 units at the end of 2021.

Wong Xian Yang, chief of research at Cushman & Wakefield Singapore, said they expect developers’ land acquisition activities to pick up in subsequent quarters as unsold stock continues to run low and “clearer picture” of the cooling measures’ effect on home buying demand emerges.

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.